February house prices up on 2016

The latest publication of the monthly UK House Price Index (UK HPI) shows that the average price of a property in Scotland in February 2017 was £138,821 – an increase of 3.1 per cent on February in the previous year but a decrease of 0.6 per cent when compared to the previous month. This compares to a UK average of £217,502, which was an increase of 5.8 per cent compared to February in the previous year and an increase of 0.6 per cent when compared to the previous month.